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The 2026 Maximum Social Security Benefit…And How to Obtain It. - nasdaq.com
After application of the most recent cost-of-living adjustment (COLA), the Social Security Administration calculates that the maximum monthly benefit in 2026 has reached $5,251. That’s just a tad over $63,000 a year…an attractive retirement supplement in the eyes of many beneficiaries. The problem, of course, is that attaining this benefit level is quite difficult, and only a very few beneficiaries reach that level.
So…what does it tale to receive that maximum benefit level? That’s the subject of an article by The Motley Fool’s Maurie Backman appearing recently on nasdaq.com. Ms. Backman explains the Social Security benefit calculation process, noting the parameters necessary to reach the maximum payout. Her article also presents thoughts on preparing for one’s “golden years” with the reality that they will not be successful in reeling in that maximum benefit. Check her post out here…